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The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $ 19,100 Current assets $ 11,740 Debt $ 15,820

The most recent financial statements for Bello Co. are shown here:

Income Statement Balance Sheet
Sales $ 19,100 Current assets $ 11,740 Debt $ 15,820
Costs 12,960 Fixed assets 27,000 Equity 22,920
Taxable income $ 6,140 Total $ 38,740 Total $ 38,740
Taxes (25%) 1,535
Net income $ 4,605

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio.

What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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